ANZSCO 5521

Bank Workers

Overview

EMPLOYED

45,300

PART-TIME SHARE

25%

FEMALE SHARE

62%

MEDIAN WEEKLY EARNINGS

$1,384

MEDIAN AGE

39

ANNUAL EMPLOYMENT GROWTH

600

About this data

Summary

Bank Workers receive deposits and pay out money in financial and commercial institutions, keep records of transactions, issue receipts and cash cheques.

Tasks

  • Greeting customers, identifying their needs and answering customer inquiries
  • Ensuring customers' forms are filled in correctly and checking customers' identification
  • Accepting cash and cheques deposited by customers, verifying records and receipts, and crediting customers' accounts
  • Paying money to customers according to advice slips, cheques and negotiable documents, and debiting customers' accounts
  • Providing change, cashing cheques and recording transactions
  • Opening and closing accounts for customers
  • Balancing cash and advising supervisors of cash position and discrepancies
  • Explaining and promoting bank services to customers and referring them to appropriate financial services

ANZSCO Classification

Details

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    Earnings and Hours

    Weekly Earnings (Before Tax)
    Source: Share of workers who work full-time hours: ABS, Labour Force Survey, 2023, four-quarter average, customised report.
    Average full-time hours worked per week: ABS, 2021 Census of Population and Housing based on place of usual residence.
    Median full-time earnings per week and Median hourly earnings: ABS, Survey of Employee Earnings and Hours, May 2023, customised report. Note: median earnings data have not been produced for some occupations where there is a high standard error, and are published with "N/A" values.
    Earnings and Hours Bank Workers All Occupations
    Share of workers who work full-time hours 75% 70%
    Average full-time hours worked per week 41 hours 44 hours
    Median full-time earnings per week $1,384 $1,697
    Median hourly earnings $36 $43

    Industries

    Bank Workers work in industries like:

    Source: Ranked using ABS, Labour Force Survey, 2023, four-quarter average data, custom report.
    Note: industries that comprise less than 5% of an occupation have been suppressed.

    States and territories

    New South Wales

    42.9%

    Victoria

    30.9%

    Queensland

    13.5%

    South Australia

    5.7%

    Tasmania

    1.4%

    Northern Territory

    0.5%

    Australian Capital Territory

    0.6%

    Source: ABS Labour Force Survey, Detailed, August 2024, Jobs and Skills Australia trend data.

    Age and gender

    Age and Gender Profile
    Source: ABS, Labour Force Survey, 2023, four-quarter average, customised report.
    Age and Gender Bank Workers All Occupations
    Median age 39 years 39 years
    Female share of employment 62% 48%
    Source: ABS, 2021 Census of Population and Housing based on place of usual residence.
    Age Profile (% Share) All Occupations Bank Workers
    15–19 5.2 1.3
    20–24 9.1 10.1
    25–34 22.7 27.4
    35–44 22.3 26.0
    45–54 20.4 20.0
    55–59 8.8 7.9
    60–64 6.5 5.1
    65 and Over 4.9 2.2

    Education

    Source: ABS, 2021 Census of Population and Housing based on place of usual residence.
    Highest Level of Educational Attainment (% Share) All Occupations Bank Workers
    Post Graduate/Graduate Diploma or Graduate Certificate 12.2 12.3
    Bachelor degree 23.2 26.7
    Advanced Diploma/Diploma 11.1 10.4
    Certificate III/IV 19.5 10.7
    Year 12 15.9 24.4
    Year 11 4.0 4.3
    Year 10 and below 9.7 6.1
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      Occupation profiles data

      This file contains data displayed on the Occupation Profile pages.

      Use of data in this file must include the relevant attribution text provided.

      Occupation profiles data - August 2024.xlsx

      occupation_profiles_data_-_august_2024.xlsx9088333

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      Australian and New Zealand Standard Classification of Occupations

      Australian and New Zealand Standard Classification of Occupations (ANZSCO) is the skill-based classification system used to categorise occupations in the Australian and New Zealand labour markets. ANZSCO provides a basis for the standardised collection, analysis and dissemination of occupation data. Visit the ABS website to learn how ANZSCO works. Jobs and Skills Australia displays data for occupations that are defined by ANZSCO 2013 Version 1.3.